Tag: Investment News
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Orange Ventures and Digital Africa Join Forces to Invest in African Startups
Orange Ventures, the investment arm of Orange Group, and Digital Africa, a pan-African organization fostering digital entrepreneurship, have announced a new co-investment initiative for startups emerging from the “Orange Digital Centres” network.
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South African Fraud Startup Orca Secures Pre-Seed Funding
Orca, a South African startup tackling fraud in emerging markets, has successfully secured $550,000 in a pre-seed funding round.
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Kenyan Startups M-KOPA, BasiGo, Mogo, Roam, and Pezesha Secure $250M From DFC to Enhance Digital Connectivity and E-Mobility
The US International Development Finance Corporation (DFC) has unveiled a new $250 million financing package aimed at enhancing digital connectivity and e-mobility in Kenya.
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MPost Launches Electronic P.O. Boxes in Rwanda to Transform Postal Experience
Kenyan tech startup MPost has announced the launch of their innovative electronic P.O. Box system in Rwanda.
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Google Unveils Umoja, First-Ever Fiber Optic Cable Directly Linking Africa and Australia
Google has announced a landmark infrastructure project: Umoja, the first-ever fiber optic cable directly connecting Africa and Australia.
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Egyptian Logistics Startup OneOrder Secures $16 Million in Series A Funding For Expansion
OneOrder, a leading Egyptian logistics company, has secured $16 million in a Series A funding round.
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Microsoft Invests $70 Million in South African Tech Growth and AI Transformation
Tech giant Microsoft has announced a $70 million investment in the South African economy over the next decade.
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Kenya Receives $1 Billion Digital Transformation Boost from Microsoft and G42
A landmark digital transformation initiative for Kenya has been announced, with Microsoft and UAE-based artificial intelligence (AI) leader G42 pledging an initial investment of $1 billion.
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Kenyan Mobility Startup BuuPass Sets Sights on Expanding to 8 New African Markets by 2025
Kenyan travel tech company BuuPass is aiming to expand its reach significantly across Africa, targeting eight new markets by 2025.